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| | The American Experience/Technology/New York Underground/Beyond the IRT |
 | | In addition, the subway operators sought and received a guaranteed five cent fare for the length of their forty-nine-year lease on the system. |
 | | The nickel fare, which seemed like a sure bet to the subway magnates in 1911, lost its luster in the inflation-ridden days of World War I. By the time they claimed their guaranteed profits, the companies had little money left for maintenance and equipment upgrades. |
 | | On March 14, 1925, after years of public bellicosity and private maneuver, John Hylan broke ground for the Independent Subway System, or IND. Built to the track and car specifications of the BMT so the two systems could be linked, the IND was wholly financed, owned, and operated by the city. |
| www.pbs.org /wgbh/amex/technology/nyunderground/beyondirt.html (1427 words) |
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